Property summary
This exceptional 4,292 square foot retail property, located at 2030 E Grand Ave in Lindenhurst, Illinois, presents a unique investment opportunity. Built in 2007, this single-tenant building sits on a 1.42-acre lot and is ideally situated for continued success. The current lease agreement extends until March 2037, providing long-term stability and predictable income. The property's flexible design allows for subdivision, with the potential to create two separate 2,146 square foot spaces, catering to a wider range of potential tenants. Lindenhurst's thriving business environment, home to over 30 Fortune 500 companies across diverse industries, ensures a strong market for retail ventures. The property benefits from its convenient location just west of Gurnee Mills Mall, the largest outlot and shopping destination in the area, guaranteeing high visibility and foot traffic. This presents a compelling opportunity for investors seeking a stable, long-term investment in a prime retail location within a robust economic environment. The property's size and flexibility make it suitable for a variety of retail uses, offering significant potential for future growth and profitability. The zip code is 60046.
Property profile
VerifiedCap rate & NOI
Current use
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Law Firm Accounting Firm
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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